The watch Rolex sold at Sotheby's

Yesterday at Sotheby's in Geneva a rare and historic watch Rolex, owned to Conrad Adenauer, was sold.
For possession of these watches (ref. 6305 / 1) of the 18 karat yellow gold with an automatic central second hand, date function and bracelet three contenders fought. After five minutes of trading the lot was sold for CHF 170,500 / $ 171,760. Price exceeded three times the initial price of the watch that have been evaluated in CHF 60,000-80,000 / $ 66,500-89,000.
Presented to the Chancellor of Germany in 1955, this historic watch has been preserved by his descendants in its original form and was first introduced on the market. On the back of the watch engraved with the initials of the Conrad Adenauer. The watch accompany the original leather folder and a letter of September 16, 1955 from Rolex company founder Hans Wilsdorf to the Chancellor of Germany.
Overall sales in the autumn brought to the auction CHF 7178475 ($ 7,231,524). Watches with complications and vintage watches were sold at high prices. Tracing the evolution of watchmaking since 1574, it is safe to say that so far from collectors shown a strong interest in antique pocket watches.